Are Preselected and Pre Approved the same thing or does pre-selected mean they already know you are approved?
"PRE-APPROVED" AND "PRE-SELECTED" AND "HAND SELECTED"...MEAN NOTHING!!! You are "APPLYING" for a credit card and you have to qualify... All the "PRE" stuff is a COME ON!!! BUT SOMETIMES it helps to be "PRE-APPROVED"...you get better rates...and higher limits...and sometimes they give you "BONUS" points towards approval...BUT IT'S NEVER GUARANTEED!!! I was DENIED a "PRE-APPROVED" AMEX CARD... DENIED CAPITAL ONE & CITIBANK "PRE-APPROVED" MANY TIMES!!!
The only thing guaranteed is guaranteed...unless you read the fine print as to what guaranteed means and you don't quaify for the guaranteed offer...lol. L
Yeah, I was "pre-approved" for a cap one term loan (yeah right) at a low rate to pay off credit cards because of acknolwedgement of my "excellent" credit rating(BS)...then got DECLINED three weeks later with another inquiry thanks alot capital zero. To Quote the great Wayne Gretzky...."That's a CROCK of CRAP!"
You have been "Pre-selected" off a list of junk mail list. Is the truth. It means nothing, if you don't qualify to apply online, you sure as heck aren't going to qualify by sending that paper in. word.
